Cardano (ADA), EOS, Stellar (XLM) – The market crypto in the last week of Q1 2019, is behaving as such we had been waiting for. A Bitcoin boosting between the band of $4000- $ 4100 and the rest of the most important altcoins, capitalizing the profits in the middle of the week, to enter into second quarter of the year strongly.
CARDANO (ADA) Price prediction: Long-Term Profit Intact
Undoubtedly, Cardano is one of the great winners of the day. It has began waging incessant struggle for more adoption and use cases in recent days, with important announcements in this regard.
At the time of writing, the cryptocurrency presents a spot price of $ 0.0676 USD per token, with a fantastic growth of almost 10% in the last 24 hours.
Its market capitalization has reached $1.75 trillion dollars, allowing Cardano to present a solid gap for Tron that make it retain the tenth box in the market table.
Cardano with his ADA token has managed to exceed the expectations indicated in our previous post, about his forecast for the end of Q1 2019.
This has forced us to study its promising outlook for the next Q2 2019. In fact, ADA still maintains its point of support in S1 ($ 0.037), very far from the current price, which is a very good sign of entry.
As an addendum, ADA is presenting a symptom of reverse linear regression in relation to its pattern of December 2018. This allows us to strengthen the forecast at the new level of immediate resistance of $0.0824, which would be achieved without problems by the end of April .
Such bullish behavior could trigger a rally up to levels of R2, above a dozen dollars per token.
This pattern is confirmed in the long term by the Aroon indicator, with its Aroon Uptrend in bullish trend at the top of the table.
EOS Price prediction: Long-Term Profit Intact
The cryptocurrency of Dan Larimer has displaced Litecoin from the fourth position and at the time of writing its price has skyrocketed to the value of $429 per unit, with a growth of 16.02% in the last 24 hours. Helped by the Weiss Crypto Ratings report, EOS was ranked second as the most promising emerging trends this year by Weiss Ratings.
In the long term, the cryptocurrency has already broken the immediate resistance levels foreseen for the end of Q1 2019. Now its price moves between the bands of S1 ($ 3,628) and R1 ($ 4.58), which seems to break without problems in the next hours.
The high point for EOS is expected to be achieved in mid-May at a maximum of $5.25 per token. The behavior of Elliot Wave is an attestation for the forecast.
The above analysis is supported by the Stochastico indicator and its uptrend.
STELLAR (XLM) Price prediction: Long-Term Profit Intact
The eighth most important cryptocurrency by market cap is quoting at a spot price of $0.1075 with a growth of 4.32% in the last 24 hours, after a corrective moment to resume the upward momentum in the coming days.
Its perfect double triangle pattern according to the Elliot Wave allows us to infer the maximum price that Stellar will achieve with its XLM token for the next Q2 2019, if its perfect triple pattern is fulfilled.
The oscillating price is currently between the bands of S1 and R1, with strong projection to the upper bands between R1 and R2, a 20% increase in relation to the current price.
This behavior is even managed and ratified by the Chaikin Money Flow (CMF) indicator with its upward trend, where we project more money into the ecosystem of the lumens.